EML Payments : Profit Guidance

Important Notice

This investor presentation has been prepared by EML Payments Limited ABN 93 104 757 904 (EML) and is general background information about EML's activities current as at the date of this presentation. This information is given in summary form and does not purport to be complete.

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Q3 FY2022 Trading Update

Information in this presentation should not be considered as advice or a recommendation to investors or potential investors in relation to holding, purchasing or selling securities and does not take into account your particular investment objectives, financial situation or needs. Before acting on any information you should consider the appropriateness of the information having regard to these matters and seek independent financial advice. An investment in EML securities is subject to known and unknown risks, some of which are beyond the control of EML. EML does not guarantee any particular rate of return or the performance of EML.

incl. Segment Analysis

Tom Cregan

Managing Director & Group CEO

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This presentation may contain forward looking statements including statements regarding our intent, belief or current expectations with respect to EML's businesses and operations, market conditions, results of operation and financial condition, capital adequacy, specific provisions, contingent liabilities and risk management practices. Readers are cautioned not to place undue reliance on any forward-looking statements. Unless otherwise specified all information is for the nine months ended 31 March 2022 ("YTD Q3 FY2022") and is presented in Australian Dollars. Unless otherwise stated, the prior comparative period refers to the nine months ended 31 March 2021 ("YTD Q3 FY2021").

Disclaimer

Rob Shore

Business Development Update

incl.

The information contained in this update is provided for general information purposes and is a summary only. The content of the update is provided as at 26 April 2022. Given the uncertain, unpredictable and volatile nature of business and economic conditions across the world as a consequence of the COVID-19 pandemic, and the significant influence of some third parties (such as regulators) on the business, reliance should not be placed on the content of this presentation or opinions contained in it. Further, subject to any legal obligation to do so, EML does not have any obligation to correct or update the content of this presentation.

Group CFO

Recent Wins

EML Helping CommunitiesOpen Banking Update

The update does not and does not purport to contain all information necessary to make an investment decision, is not intended as investment or financial advice (nor tax, accounting or legal advice), and must not be relied upon as such. The update is of a general nature and does not take into consideration the investment objectives, financial situation or particular needs of any particular investor. Any investment decision should be made solely on the basis of your own inquiries, including inquiries beyond the scope and content of this update. Before making any investment in EML, you should consider whether such an investment is appropriate to your particular investment objectives, financial situation, risk appetite and needs. EML is not licensed to provide financial product advice in respect of its shares.

About Us

At EML we develop tailored payment solutions for brands to make their customers lives simpler. Through next-generation technology, our portfolio of payment solutions offers innovative options for disbursement pay-out's, gifts, incentives and rewards. We're proud to power many of the world's top brands and processed over $30 billion in GDV in H1 FY2022 across 32 countries in Australia, EMEA and North America. Our payment solutions are safe and secure, easy and flexible, providing customers with their money in real-time. We know payments are complex, that's why we've made the process simple, smart and straightforward, for everyone.

For more information on EML Payments Limited, visit: emlpayments.com This ASX announcement has been authorised for release by the Board.

Q3 FY2022 Overview

23 contracts signed Q3 FY2022 (vs 26 in Q2 FY2022), 90 contracts signed YTD (Prepaid 47, Sentenial 43).

131 programs launched YTD (including 74 in Europe).Significant new contracts signed in Q3 including:

• - Up Spain - Entering the $30 billion European Employee Benefits Market.

• - Praxis Tech - Providing Praxis' customers access to faster, safer and seamless open banking payment solutions.

Open Banking volumes reached a annual recurring revenue rate of over $4m up 31% on PCP with further upside from major signed enterprise signed customers launching in Q4.

EML in Community - Uniting Care and CORE, helping those in need.Migrations of existing PFS programs to in-house processor (TRACE)

commenced in March.

Continued progress on CBI remediation toward 30 June 2022 completion date1.

1 Prior to independent assurance.